Branch Network Expansion

Karur Vysya Bank has expanded its nationwide branch network to 929 branches with the opening of eight new branches across four states. The expansion includes:

Geographic Distribution:

  • Tamil Nadu: 3 branches (Chennai–Choolai, Thirukazhukundram, Trichy–Vaiyampatti)
  • Karnataka: 2 branches in Bengaluru (Nagarabhavi, Hulimavu)
  • Telangana: 2 branches (Bachupally, Tandur)
  • Uttar Pradesh: 1 branch (Agra)

Location Classification:

  • 4 branches in metropolitan markets
  • 3 branches in semi-urban locations
  • 1 branch in a rural area

The expansion reinforces the Bank's focus on strengthening presence in key markets and improving access to banking services across diverse geographies.

Financial Performance Update

As of September 30, 2026:

  • Total Business: ₹2,39,712 crore
  • Deposits: ₹1,28,123 crore
  • Advances: ₹1,11,589 crore

Q2 FY27 Financial Results:

  • Net Profit: ₹788 crore (highest-ever quarterly profit)
  • Year-on-Year Growth: 37.28%

Management Commentary

Shri Ramesh Babu, Managing Director & CEO, Karur Vysya Bank, stated:

  • The expansion is part of the Bank's strategy to strengthen reach and improve accessibility to banking services
  • Significant opportunities exist across metropolitan, semi-urban and rural locations, particularly in retail, MSME and agricultural banking
  • Continued investment in physical branches is complemented by digital banking capabilities
  • The strategy aims to serve customers more effectively, deepen relationships, and support sustainable business growth

Operational Statistics

Current Network Status (as of September 30, 2026):

  • Total Branches: 929
  • Total ATMs: 1,514

Strategic Focus

The Bank remains focused on:

  • Enhancing customer convenience
  • Deepening regional presence
  • Meeting evolving banking needs of individuals and businesses across the country
  • Combining physical branch expansion with digital banking capabilities